Arena Olympic guarantee as new federal funding deal reached
The Crisafulli government removed the planned Brisbane Arena at Roma Street from its Brisbane 2032 delivery plan, instead opening up the former Go Print site at Woolloongabba – adjacent to the new Cross River Rail station – to private investment to construct a 17,000-seat arena there.
Earlier this week, Treasurer David Janetzki announced a new Treasury Transaction Team to seek private capital for projects, such as the arena, and Bleijie said on Thursday he could guarantee the venue would be ready to play a role in Brisbane 2032.
'We will go to procurement on the Brisbane arena by the end of this year, so I would suspect in the next couple of months, my Department of Infrastructure and Planning will actually formally get procurement to build the arena,' he told a Queensland Media Club lunch at South Brisbane.
'Next year we'll be planning, and I suspect you'll start seeing it being built from end of next year and into 2027.'
The new intergovernmental Olympic funding agreement would see $1.2 billion in federal funding, which had originally been allocated the Brisbane Arena, to be redirected to the new stadium in Victoria Park.
There has been no change to the previously agreed $7.1 billion funding envelope, with the rest of the federal government's $3.44 billion contribution to fund 17 new and upgraded venues – including the new National Aquatic Centre – on a 50/50 basis with the state.
Four of those venues – the Logan and Moreton Bay indoor sports centres, the Sunshine Coast outdoor stadium and Barlow Park in Cairns – went out to procurement at 1pm Thursday.
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